EU mobilizes up to 300 billion euros to stop energy dependence from Russia

the EU mobilizes up to 300 billion euros for reforms in the energy sector, said the head of the European Commission Ursula von der Layen, who presented on Wednesday an ambitious package of proposals “to stop the EU dependence on energy from Russia”.

“We will mobilize up to 300 billion euros. About 75 billion as subsidies and 225 billion in the form of loans. This includes part of the financing – up to 10 billion euros – for the missing links for (import – ed.) of liquefied gas, in order to So that not a single state is left aside, in the cold, ”she said.

According to von der Lyen, 2 billion is planned to be spent on oil infrastructure to “put an end to oil transportation from Russia.”

“All the rest of the financing will go to strengthen and accelerate the transition to net energy,” said the head of the EC.